314-316 West Main Street, St. Charles, IL

$1,100,000

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About 314-316 West Main Street

Don't miss the chance of a lifetime to own this fully leased 5 unit investment property located in the heart of downtown St Charles. The location is unbeatable! The proximity to the new Whole Foods grocery store, restaurants, shops, Fox River and the bike path makes renting apartments a breeze so there is very little vacancy. There are several longer term tenants in place. Below market rents provide an opportunity for increased cashflow and enhanced value. The current owner has performed extensive updates to all of the units so deferred maintenance is minimal. Features such as onsite parking, outdoor terraces, laundry in every unit, fireplaces, granite countertops, stainless appliances, hardwood floors, and original millwork make these desirable and easy to rent apartments. New front stair installation will be completed by October. Call now to schedule your private tour.

Features of 314-316 West Main Street

MLS® # 12468958
Price $1,100,000
Bathrooms 0.00
Acres 0.00
Year Built 1910
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 314-316 West Main Street
Area Campton Hills / St. Charles
City St. Charles
County Kane
State IL
Zip Code 60174

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace Yes
# of Fireplaces 3
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 24
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Real Estate Group
Contact Infodmcquade@coldwellhomes.com

Listing Map

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